Viral claim accusing JPMorgan of shorting Strategy collapses as filings show zero short position
The post Viral claim accusing JPMorgan of shorting Strategy collapses as filings show zero short position appeared on BitcoinEthereumNews.com.
A post published on Sunday by Max Keiser claimed that JPMorgan Chase was dangerously shorting shares of Strategy (formerly MicroStrategy) and that a 50% stock rally would put the bank in crisis. The claim exploded across X, drawing tens of millions of views within two days. Users demanded a buying campaign. Some posted comparisons to GameStop. Calls to boycott JPMorgan gained traction, and financial influencers began warning of an imminent short squeeze. But that entire story was false. The filing submitted to the Securities and Exchange Commission on November 7, under the 13F-HR regulation, shows that JPMorgan held no short position in MSTR. Nothing was hidden; there simply was no short. The document is public and accessible online. Still, by November 25, the lie had already been accepted as truth across major corners of financial social media, even as the real news, buried in the same filings, was completely ignored. JPMorgan dumped shares and bought options The 13F-HR form is a quarterly requirement for asset managers handling over $100 million, and it covers long stock positions and both call and put options. It doesn’t capture short sales directly, but any company shorting a reportable amount must file disclosures under Regulation SHO, or submit a Schedule 13D or 13G if short interest exceeds 5% of a company’s shares. The numbers reported by JPMorgan in Q3 are not ambiguous, as it reduced its holdings in Strategy by 772,453 shares, taking its total from 3,148,136 shares down to 2,375,683, a 24.54% cut. It also held call options tied to 202,200 shares, valued at around $65 million, and put options covering 363,000 shares, worth an estimated $117 million. That last figure, the puts, triggered online claims of a bearish bet. But that interpretation doesn’t hold up. The total size of the puts makes up…
